India's manufacturing activity rose to a 13-month high in December on strong demand and a jump in new orders. This has been revealed in a monthly survey. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) rose to 57.8 in December from 55.7 in November. This has happened due to the biggest-ever boom in business activities in the last two years.
The December data showed that overall operating conditions improved for the 18th consecutive month. In Purchasing Managers' Index (PMI) parlance, a figure above 50 indicates expansion while a figure below 50 indicates contraction.
“2022 got off to a great start,” said Pollyanna De Lima, Associate Director of S&P Global Market Intelligence. Since then, the manufacturing sector has continued to perform well. PMI activities at the end of this year have been the fastest since November 2021. '''''''' The survey said that the hiring activities were good in December. At the same time, companies made good purchases to increase their storage. "Dec 2017 saw a healthy growth in sales on the back of strong demand."
“Supply chain challenges are now less, which has increased manufacturing,” Lima said. The supply timing is stable, due to which companies were able to procure critical materials and increase their stocks. ”The report said that in terms of exports, the pace of new orders in December was the lowest in the last five months. Is. The companies saw a drop in orders from key export markets.
The report says that cost pressures on the inflation front remained almost constant in December with only a marginal difference in the rate of inflation as compared to November. The S&P Global India Manufacturing PMI is prepared by S&P Global based on responses received from purchasing managers of 400 manufacturers. The outlook for production in the new year is positive for companies, according to the report.
IND vs PAK: Haris Rauf hasn't improved despite being punished once; now the ICC will take action again!
Pakistan fast bowler Haris Rauf has once again found himself embroiled in controversy. After catching Indian batsman Abhishek Sharma in the Asia Cup 2025 final, Rauf celebrated like a plane crash, a
Tirupati Laddu: 'There was so much uproar when animal fat was found...' What did Owaisi say about the Tirupati temple prasad controversy?
There is continuous political rhetoric on the issue of supplying ghee mixed with animal fat to Tirupati's Venkateswara Swamy temple. On this issue, TDP and BJP are targeting Jagan Mohan Reddy's
Will 'Daya Ben' make a comeback in Taarak Mehta Ka Ooltah Chashmah? She was seen with the show's director after years.
Director Asit Kumar Modi's comedy serial Taarak Mehta Ka Ooltah Chashmah is considered everyone's favorite. For years, this show has been entertaining the fans a lot. Along with this, there is a lot
Meeting of Foreign Ministers of G20: PM Modi said – Rich countries are responsible for global warming; Poor countries bear the brunt
The meeting of foreign ministers of G20 countries has started in Delhi. Representatives of 20 major economies of the world including the US, Russia, China, Britain, and France have participated in it.
Harshvardhan Rane: Harshvardhan Rane announced a new film, know when this passionate love story will be released
After the re-release of the film 'Sanam Teri Kasam', actor Harshvardhan Rane announced his new film. The actor has announced the film on social media. The name of the film is 'Deewaniyat', which is
Mahakumbh stampede case reaches Supreme Court, PIL filed; Read what was demanded from SC.
Ahead of the second Amrit Snan festival of Mahakumbh, Mauni Amavasya, there was a stampede in the Sangam area of Prayagraj on Tuesday night. 30 people died in this incident which happened
Tanushree Dutta: Users called Tanushree's crying reel a propaganda, the actress said- who is bothering me…
Last night, actress Tanushree Dutta shared a reel on social media, in which she was seen crying and talking about being harassed by some people. Today, the actress has shared another reel, in which
'What was the need to blame India', Canadian national security expert questions his PM
Amidst the bitterness in India-Canada relations, a big confession from Canada's PM Justin Trudeau came to the fore. He had said that Canada did not provide India with the necessary evidence in the
Such devastation due to flood in America, Emergency had to be imposed: 19 died, loss of 2 lakh crores; Know the atmospheric river which is bringing storm
The US state of California is in the grip of a dangerous storm. So far 19 people have lost their lives due to the storm that has been going on for two weeks. How serious the situation in California is
PM Modi Garba Song: PM Modi wrote the Garba song, and shared it on the occasion of Navratri
Navratri is being celebrated with great pomp across the country. Prime Minister Narendra Modi on Monday shared his 'Garba' song written on the occasion of Durga Puja on social media.
